The New York Times logo The New York Times 2 weeks ago

Loss at Bond Insurer MBIA Is Worse Than Expected

Higher losses on MBIA’s coverage of mortgage-related securities and complex investments known as derivatives overwhelmed investment income and premiums collected on its insurance policies. Full Article at The New York Times

Related Topics:

  1. MBIA, Inc.
  2. Ambac Financial Group, Inc.
  3. New York Stock Exchange

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Related Quotes

  1. There is reason to be at least cautiously optimistic ... The government has responded for this recession with unprecedented fiscal and monetary stimulus, businesses have liquidated inventories very aggressively, consumers have already adjusted savings rates to a large degree and the housing sector, whic...
    Kenneth D Lewis – Kenneth D Lewis SOURCE: MarketWatch 2 weeks ago
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  1. MBIA, Inc.
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  3. Fluor Corporation Fluor Corporation
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  6. McDermott International, Inc.